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Reliance Steel & Aluminum Co. (RS).


Business Overview

Reliance Steel & Aluminum Co. is a metals service center company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Through a network of 27 divisions, 25 operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock.  and a 70% owned company, it operates in more than 160 locations in 37 states, Belgium, Canada, China, and South Korea. Through this network, the company provides metal processing services and distributes a line of more than 100,000 metal products, including alloy alloy (ăl`oi, əloi`) [O. Fr.,=combine], substance with metallic properties that consists of a metal fused with one or more metals or nonmetals. , aluminum, brass, copper, carbon steel, titanium titanium (tītā`nēəm, tĭ–) [from Titan], metallic chemical element; symbol Ti; at. no. 22; at. wt. 47.88; m.p. 1,675°C;; b.p. 3,260°C;; sp. gr. 4.54 at 20°C;; valence +2, +3, or +4. , stainless steel stainless steel: see steel.
stainless steel

Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat.
 and specialty steel products, to more than 125,000 customers in a range of industries.
Income Statement              LTM *   2006 **

Revenue (billions)            $6.93   $5.75
Operating Income (millions)   740     633
Net Income (millions)         417     355
EPS                           $5.44   $4.82

Summary
Headquarters: Los Angeles
Market Cap: $4.22 billion
Dividend Yield: 0.58%
P/E Ratio: 10.2

* Latest Twelve Months Ending 6/2007

** Fiscal Year Ending 12/2006

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Title Annotation:WEEKLY PROFILE
Publication:Los Angeles Business Journal
Date:Oct 1, 2007
Words:147
Previous Article:Market summary.(THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES)
Next Article:The LABJ stock index: tracking 200 selected Los Angeles county-based companies.(INVESTMENTS & FINANCE)
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